Commercial Leases in Scotland - Drafting & Negotiation Live at Your Desk

Introduction

This virtual classroom seminar will provide an understanding on common law provisions (implied terms) in leases and how to draft to be able to contract out of these.

The session will include:

• The drafting, revising and negotiating process
• The ‘ripple effect’ of drafting, revisals and counter-revisals
• How to revise and counter-revise key clauses including rent review, assignation and sub-letting, repair, insurance, and uninsured risks
• How to draft, revise and counter revise clauses in offers to lease where premises being constructed or refurbished

What You Will Learn

This live and interactive session will cover the following:

• Common law obligations on landlord and tenant; warranties by landlord; rei interitus
• How to contract out of common law and effect of contracting out
• The drafting, revising, and negotiating process and reporting to and obtaining clear instructions from your client
• The ‘ripple effect’ of drafting, revisals, and counter-revisals
• Open market and inflation linked rent reviews
• Assignation and sub-letting clauses
• Repair, waygoing (dilapidations) clauses
• Insurance and uninsured risks clauses
• Conditionality and development clauses in offers to lease where premises being constructed or refurbished

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.